Warsh at the Fed: Can he balance independence and Trump’s expectations?Trump announced Kevin M. Warsh as his Fed chair pick, influenced by Treasury vetting led by Scott Bessent. Warsh’s dovish stance contrasts ...
02 Feb, 2026, 10.56 AM IST
ARCs request RBI to simplify 'rigid' settlement processThe RBI had introduced a unified framework in June 8, 2023, for compromise settlements and technical write-offs for all entities such as ba...
01 Dec, 2023, 06.32 AM IST
Banks seek ITR access via NSDL to vet borrower infoLenders say large- and small-value loan customers have previously falsified data for expanding their borrowing limits. Last year, Can Fin H...
22 Nov, 2023, 06.40 AM IST
U.S. Justice Department probing Kabbage, fintechs over PPP loan calculations: ReportThe investigation is examining whether Kabbage and other fintech companies miscalculated how much aid borrowers were entitled to from the P...
08 May, 2021, 01.12 PM IST
Indian Bank follows SBI, sets up portal to restructure retail loans“The requests will be registered with a unique reference number and through SMS, customers will be informed to visit their respective India...
15 Oct, 2020, 09.17 PM IST
Kamath Panel on loan restructuring identifies six problem industriesCommittee suggests solutions for 29 out of 307 sectors assessed. The panel has suggested that the two-year cutoff for the restructuring wil...
04 Sep, 2020, 09.53 AM IST
How RBI's new loan restructuring framework is different from previous schemesFollowing is the comparison between the previous restructuring schemes and the new Covid-19 related framework.
08 Aug, 2020, 12.24 PM IST
RBI allows one-time restructuring of loans. Here's what it means for businesses and individual borrowersLending institutions have been asked to frame board approved policies to implement viable resolution plans for eligible borrowers under thi...
07 Aug, 2020, 11.56 AM IST
RBI may soon make it tough for firms to raise money overseasThe Reserve Bank of India is spending more time scrutinizing companies’ hedging practices.
20 Feb, 2018, 04.16 PM IST
Will expanding the ambit of oversight committee for stressed loan help bank customers?If banker think that the move will ring fence them from investigative agencies on being questioned for decision taken today, it won't serve...
17 Feb, 2017, 03.45 PM IST
Trade unions expected to raise Budget tax provision at EPFO trustee meetEPFO trustees' meet later this month is likely to be a stormy affair as trade unions will raise their voice against the Budget proposal of ...
05 Mar, 2016, 06.00 PM IST
Air India-Boeing deal tilted against government's interests: Law MinistryThe law ministry has objected to clauses that deny India the power to invoke arbitration proceedings — a speedy and rather economical mecha...
17 Sep, 2015, 06.23 AM IST
RBI to soon set up Central Fraud RegistryThe idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.
24 May, 2015, 11.15 AM IST
SBI approves one-time settlement for mining-hit borrowers in GoaThe bank has proposed 30 per cent waiver on principle loan amount to the truck owners and 40 per cent to the barge owners.
18 Dec, 2014, 01.30 PM IST
- Amid Air India crisis Praful meets PM
Civil Aviation Minister Praful Patel on Tuesday met Prime Minister Manmohan Singh and is understood to have discussed the crisis facing nat...
21 Jul, 2009, 07.55 PM IST
- Raising funds likely to be a tad easier for India Inc
Raising funds through foreign borrowings may get a tad easier. RBI has eased rules governing such borrowings or external commercial borrowi...
12 Jul, 2008, 02.51 AM IST
- No change in ECB policy this quarter
The government has dashed the hopes of Indian companies hoping to raise easy money abroad. A meeting of the high-level committee on ECBs on...
17 Jul, 2003, 01.06 AM IST